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NASDAQ:NERV

Minerva Neurosciences (NERV) Stock Price, News & Analysis

$2.45
-0.03 (-1.21%)
(As of 10/23/2024 ET)

About Minerva Neurosciences Stock (NASDAQ:NERV)

Key Stats

Today's Range
$2.45
$2.50
50-Day Range
$2.45
$2.95
52-Week Range
$2.26
$13.49
Volume
4,391 shs
Average Volume
55,105 shs
Market Capitalization
$17.13 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00
Consensus Rating
Hold

Company Overview

Minerva Neurosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of product candidates for the treatment of central nervous system diseases. Its lead product candidate is roluperidone (MIN-101) for the treatment of negative symptoms in patients with schizophrenia, currently submitted an New Drug Application (NDA); and MIN-301, a soluble recombinant form of the neuregulin-1b1 protein for the treatment of Parkinson's disease and other neurodegenerative disorders. The company has a license agreement with Mitsubishi Tanabe Pharma Corporation to develop, sell, and import roluperidone globally excluding Asia. Minerva Neurosciences, Inc. was incorporated in 2007 and is based in Burlington, Massachusetts.

Minerva Neurosciences Stock Analysis - MarketRank™

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74th Percentile Overall Score

NERV MarketRank™: 

Minerva Neurosciences scored higher than 74% of companies evaluated by MarketBeat, and ranked 277th out of 1,001 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Minerva Neurosciences has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Minerva Neurosciences has only been the subject of 1 research reports in the past 90 days.

  • Read more about Minerva Neurosciences' stock forecast and price target.
  • Earnings Growth

    Earnings for Minerva Neurosciences are expected to grow in the coming year, from ($2.26) to ($2.03) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Minerva Neurosciences is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Minerva Neurosciences is -0.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Minerva Neurosciences' valuation and earnings.
  • Percentage of Shares Shorted

    0.18% of the float of Minerva Neurosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Minerva Neurosciences has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Minerva Neurosciences has recently increased by 24.68%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Minerva Neurosciences does not currently pay a dividend.

  • Dividend Growth

    Minerva Neurosciences does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.18% of the float of Minerva Neurosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Minerva Neurosciences has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Minerva Neurosciences has recently increased by 24.68%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Minerva Neurosciences has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Minerva Neurosciences this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Minerva Neurosciences insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 6.40% of the stock of Minerva Neurosciences is held by insiders.

  • Percentage Held by Institutions

    Only 34.56% of the stock of Minerva Neurosciences is held by institutions.

  • Read more about Minerva Neurosciences' insider trading history.
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NERV Stock News Headlines

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NERV Stock Analysis - Frequently Asked Questions

Minerva Neurosciences' stock was trading at $6.15 at the beginning of 2024. Since then, NERV stock has decreased by 60.2% and is now trading at $2.45.
View the best growth stocks for 2024 here
.

Minerva Neurosciences, Inc. (NASDAQ:NERV) issued its quarterly earnings data on Tuesday, August, 6th. The biopharmaceutical company reported ($1.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.97) by $0.12.

Minerva Neurosciences shares reverse split on Tuesday, June 21st 2022. The 1-8 reverse split was announced on Tuesday, June 21st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 21st 2022. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Shares of NERV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Minerva Neurosciences investors own include NVIDIA (NVDA), Sorrento Therapeutics (SRNE), Meta Platforms (META), NIO (NIO), TherapeuticsMD (TXMD), Inovio Pharmaceuticals (INO) and VBI Vaccines (VBIV).

Company Calendar

Last Earnings
8/06/2024
Today
10/24/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:NERV
Fax
N/A
Employees
9
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+104.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-30,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
($4.07) per share

Miscellaneous

Free Float
6,545,000
Market Cap
$17.13 million
Optionable
Not Optionable
Beta
0.14

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This page (NASDAQ:NERV) was last updated on 10/24/2024 by MarketBeat.com Staff
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